What is Call for Insurance?
In a game of blackjack, the call for insurance is an action taken by the dealer to indicate that they have an ace facing upwards on the table and that they are stopping to enable the other players to place what is known as an insurance bet.
The insurance bet is a side bet, and the player is able to stake up to half of the initial wager.
Call for Insurance Explained
If the dealer in a game of blackjack makes a call for insurance, they are inviting the other players in the game to place an insurance bet. The dealer would have made this call if they had an upwards-facing ace in their hand; this is a very valuable card and a strong position to be in, and there is a very real possibility that the dealer could defeat the other players.
Upon making a call for insurance, the dealer would then check their other card for its value. If this card is worth 10 points (either a 10 card or a picture card), the round is over and the bets are then settled. However, if the card is worth any other numerical value, these insurance bets will be gathered and the round will continue as normal.
The call for insurance is put in place to ensure that players have a fair opportunity to earn some winnings if the dealer has the best hand. However, it has been estimated that the probability of the dealer having a card worth 10 points as their hole card is around 33%, meaning that the player who makes an insurance bet has a higher chance of losing that bet, and making no money from it at all.
If a player does choose to place an insurance bet when the dealer makes a call for insurance and the hole card does turn out to be a 10-point card, the payment is 2:1. If it is anything other than this, the bet is lost.
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